City Delhi Financial News

MUMBAI : Senior BJP leader Subramanian Swamy on Thursday moved the Delhi High Court alleging a scam of nearly ₹5,100 crore in the way Axis Bank sold and purchased shares of insurer Max Life Insurance Company. Max Life is a joint venture between Max Financial Services and private lender Axis Bank. On 6 February, the Insurance Regulatory and Development Authority of India (Irdai) approved Axis Bank’s proposal to purchase another 7% in Max Life for ₹1,612 crore.

iron pipe dislocated from the Subhash Nagar Metro Station and fell onto a car and a scooter on February 15, adding to the concerns over the safety and infrastructure integrity of Delhi Metro stations. The incident at Subhash Nagar Metro Station, located in west Delhi, resulted in one person reported injured, although further details are currently awaited. Eyewitnesses at the scene described the chaos and panic that ensued as the iron pipe came loose, striking vehicles passing beneath the station. The incident occurred amidst heightened scrutiny of the city's metro system following the recent collapse at Gokulpuri Metro Station on the Pink Line, which claimed the life of a 53-year-old man and left several others injured.

At least three people were killed in a massive fire that broke out in a paint factory at Dayalpur Market in Alipur of North Delhi on Thursday evening, Delhi Police said. "Charred bodies of the three persons were recovered from the premises of the factory located at Dayalpur Market in Alipur," news agency PTI reported quoting fire officials.

government on Thursday invited applications for appointment to the posts of judicial members and technical members in the GST Appellate Tribunal (GSTAT). There are 63 vacancies for the post of judicial members and 32 vacant positions for technical member (Centre) and 1 for technical member (state). GSTAT will have one principal bench at Delhi and 31 state benches at various locations across states.

Indian Express, Gopakumar said, "A day after we were awarded the capital punishment, Union Minister S Jaishankar called our wives to Delhi. He assured them we would be brought back home." Gopakumar even shared the details of the conversation between the wives of former Indian Navy men and the Union minister. He told the media house that told their wives that he was ready to plead for the release of the eight navy men.

Bharat Bandh news: As the farmers from Punjab continue to march towards Delhi to press for their demands, the Samyukta Kisan Morcha, along with several trade unions, has called for a Gramin Bharat Bandh on February 16. According to the directions released by the SKM, the bandh will be observed between 6 am and 4 pm. The farmers will participate in a chakka jam on major roads across the country from 12 pm to 4 pm.

Haryana remain closed for traffic while security personnel in anti-riot gears were deployed at strategic locations in the national capital as farmers' 'Delhi Chalo' agitation entered the third day on Thursday. While the two borders — Tikri and Singhu — with Haryana remain closed, movement was allowed through the Ghazipur border with Uttar Pradesh under the watch of security personnel. According to senior police officer, the Delhi Police is on extra vigil though the protesting farmers have been stopped by the Haryana Police at the Shambhu border between Punjab and Haryana near Ambala. In the central part of Delhi as well, the police have put up barricades on several roads leading to Parliament and other sensitive locations.

PTI. The authorities have managed to curtail the 'Delhi Chalo' agitation by farmers from Punjab at the state's border with Haryana. However, farmer leaders have said a meeting will be held with three Union ministers in Chandigarh on February 15.

Farmers' meeting with Centre on Thursday amid chaos at Delhi borders: 10 points A number of public intellectuals and artists issued a joint statement on Wednesday in support of the joint call by the workers and farmers for a sectoral industrial strike and Grameen Bharat Bandh on February 16. Farmers’ leaders to meet union ministers after police use pellet guns, tear gas A total of 34 people signed the joint statement, which appeals to people from all walks of life "to extend all support to this momentous action" of the farmers and the workers.

farmer leaders in Chandigarh Thursday for another round of talks amid the ongoing standoff between the agitators and security personnel at the Punjab-Haryana border. Agriculture and Farmer Welfare Minister Arjun Munda, Minister of Commerce and Industry Piyush Goyal and Minister of State for Home Affairs Nityanand Rai will meet the farmer leaders at 5 pm here over their various demands, including a law guaranteeing Minimum Support Price for crops. This will be the third round of talks between the two sides: the previous two rounds of dialogue on February 8 and 12 remained inconclusive. Farmers from Punjab are camping at the Shambhu and Khanauri borders of Punjab and Haryana seeking to march towards Delhi to press the Centre to accept their demands.

Indian Meteorological Department (IMD) has forecasted moderate to heavy rainfall in several parts of the country till 21 February. The weather department has predicted isolated/scattered light to moderate rainfall accompanied by thunderstorms and lightning activity in isolated places over West Bengal & Sikkim, Bihar, Jharkhand on 15th February. Additionally, IMD has issued a yellow alert for heavy rainfall in Jammu & Kashmir, Ladakh, Himachal Pradesh on 18th February. «Widespread light/moderate rainfall/snowfall with Isolated Heavy Rainfall/Snowfall very likely over Jammu-Kashmir-Ladakh-Gilgit-Baltistan-Muzaffarabad, Himachal Pradesh on 18th February, 2024,» the weather department said. In Delhi, RWFC Delhi has predicted mainly clear sky with shallow to moderate fog in the morning. The minimum temperature in the city today is likely to be 9 degrees Celsius and maximum temperature at 25 degrees Celsius. At 6.30 am, the overall air quality in the national capital is recorded at 300 which is in ‘poor' category, the Central Pollution Control Board data states.

MUMBAI: Ravi Kant Jaipuria’s RJ Corp acquired 1.07% or 2.8 million shares of Delhi-based Global Health through an open market transaction for 379 crore.

NEW DELHI : India’s aircraft maintenance, repair, and overhaul (MRO) units have sought a reduction in rental rates at which the government renews their land leases, Mint has learnt. “The industry has sought intervention by the civil aviation ministry on lease rentals for the MRO industry. The norms state that a new allotment of Airports Authority of India (AAI) land is approved at 40% of prevailing land lease rates for MRO companies.

₹1,500-1,600 crore in (FY25). If an opportunity comes for acquisition either in renewables, city gas distribution (CGD) space or any other, then we have the cash," he said, however, adding that there is no proposal available currently. City gas distribution (CGD), biogas and LNG will remain the core focus of investment plans.

MSP, as demanded by protesting farmers at Delhi's borders, is a bad idea — especially for farmers. GoI's goal is to improve the farm sector, resulting in higher income for farmers. It is right in ruling out this particular demand, which will not benefit the bulk of farmers who have small holdings, often working as farm and non-farm labour.

Chamber of Trade and Industry (CTI). The CTI said that every day around three lakh people come from NCR for shopping. Due to farmers' movement, less than one lakh people are coming. According to Brijesh Goyal, chairman of CTI and president Subhash Khandelwal, the leading organisation of traders, the number of customers in Delhi markets has declined by 75 per cent, with more than 15,000 commercial vehicles have been stopped from entering the city and more than 25,000 commercial vehicles stuck in Delhi. Around three lakh buyers from NCR cities — Sonipat, Panipat, Rewari, Bahadurgarh, Narnaul, Gurgaon, Bawal, Noida, Faridabad, Ghaziabad etc — visit the markets of Delhi every day, the statement said.

What happened to govt-appointed panel on MSP formed after 2020-21 farmers protest? It further says: "Only DTC Buses and Cars/four-wheelers allowed from Mukarba Chowk towards NH-44 to take EXIT No. 2 on NH-44 at DSIIDC Cut to go towards Narela and Safiabad Border.

farmers' protest around the national capital borders, Punjab Kisan Mazdoor Sangharsh Committee General Secretary Sarwan Singh Pandher said their meeting with the Centre will be held tomorrow, February 15, at 5 pm. Sarwan Singh Pandher said the farmers want to resolve all the issues peacefully. The meeting comes after two days of chaos that erupted at the Delhi borders as the security forces lobbed tear-gas shells, water cannons and erected barricades to disperse tens of thousands and restrict their entry into the national capital.

Delhi Traffic Police on Wednesday said Singhu border on NH-44 is inaccessible for traffic and issued advisory regarding the same due to the farmers' protest. Long traffic jams hit the Delhi-Ghaziabad border during the day and security checks were put in place by the authorities. Rapid Action Force personnel, Police personnel and Riot Control Vehicles are deployed at the Singhu Border in Delhi in view of the farmers' protest. The morning visuals showed that security arrangements have been intensified at the Shambhu border in Ambala, Haryana, as farmers who marched towards Delhi on Tuesday clashed with the police.

Supreme Court questioning the validity of the criminal proceedings against him and others in a special court in Bengaluru for participating in a protest march on February 14, 2022, against a BJP minister. The CM also challenged the February 6 order of the Karnataka High Court, declining to quash the criminal proceedings and imposing a fine of Rs 10,000. He moved the apex court on the grounds that the special court proceedings would lead to harassment and they did not commit the kind of offence to warrant the criminal case booked by the Bengaluru Police. He also said the high court did not take note of the fact that the protest did not lead to any violence.

Shivakumar on Wednesday said the Congress party was carrying out another round of surveys to finalise the Congress candidates for the upcoming Lok Sabha polls. «We reviewed the reports submitted by the party observers, district in charge ministers and party workers. We have suggested another round of surveys to further evaluate potential candidates. The list of candidates is not finalised yet and we will hold a meeting in Delhi very soon,» Shivakumar, who heads the Karnataka Pradesh Congress Committee (KPCC), told the media. This time, the committee met in Bengaluru in view of the ongoing budget session. «The list needs to be finalised at the earliest. We need to ask at least 50% of candidates to start election related activities,» he said, in response to a query.